India, Sept. 16 -- Fintech startup Lendingkart's NBFC arm Lendingkart Finance has managed to trim its loss by 62% to Rs.32.4 Cr for the quarter ended June 30, 2026 (Q1 FY27) from the Rs.84.8 Cr loss incurred in the year-ago quarter.

The loss also shrank dramatically on a sequential basis, down 73% from Rs.121.9 Cr in Q4 FY26, signalling that the sharp deterioration seen through FY26 may be bottoming out.

However, the topline also continued to shrink. Operating revenue fell 55% to Rs.52.7 Cr in the quarter under review from Rs.116.9 Cr in Q1 FY26. On a quarter-on-quarter basis, operating revenue rose about 15% from Rs.45.9 Cr.

Interest income declined 20% YoY to Rs.38.9 Cr, while fees and commission income drag fell 78% to Rs.15.3 Cr. ...